special withdrawals in contingent reports

In normal circumstances I use special withdrawals in some years to keep regular assets > 0. That avoids breaks in our LSPA.

When I run contingent reports my wife's LSPA has a break due to insufficient regular assets in future years. How do I model special withdrawals in her contingent plan. I see retirement contributions but not special withdrawals.

Comments

Can't do it. I thought maybe you could adjust the balance in the account and give her a special receipt, but that's not an option either--I suppose because this contingency is calculated against every year. Sorry! I don't know if it's feasible to just create a new single user's model based on the initial results of a contingent report.

ESPlannerPLUS is by far the most comprehensive financial planning software I was able to find. It was clearly designed by people with a deep understanding of the pitfalls and opportunities of a wide variety of retirement strategies.

--Jon Abendschein, Senior Analyst for a utility company, San Francisco

Other Products

Disclaimer: ESPlanner and all other products provided by Economic Security Planning, Inc. (referred to hereafter as "we" or "our") are educational calculators designed to give you some input in mapping out your financial future, but should not be acted upon as a complete financial plan. MaxiFi Planner and the creators of MaxiFi Planner and any derivative products are not certified, registered, authorized, or any other type of financial planners. ESPlanner and its derivative products are simply tools for helping you think through your economic futures. Any suggestions should be viewed as informative inputs into your own decision-making with respect to saving and the purchase of life insurance. ESPlanner and its derivative products provide neither economic, financial nor tax advice, which can only be delivered to you by authorized professionals. The Social Security benefit estimates produced by ESPlanner are just that -- estimates. Only the Social Security Administration can tell you precisely the benefits to which you will be eligible or are eligible and the amounts you will receive. The estimates provided here may differ from the correct amounts due to mistakes in our computer code of which we are unaware or because of legislated changes in Social Security provisions of which we are unaware or because of delays in our updating our computer code for changes in Social Security provisions. This material is not intended to provide legal, tax or investment advice, or to avoid penalties that may be imposed under U.S. Federal tax laws, nor is it intended as a complete discussion of the tax and legal issues surrounding retirement investing. You should contact your tax advisor to learn more about the rules that may affect individual situations.